Thanks for taking the time to help me see your points.

However:

So in the phrase "titles of nobility or honor," "honor" must be read in the context of "nobility."

I don't see why "honor" must be read in the context of "nobility" when there is an exclusive conjunction joining the two words. I interpret the meaning to be "titles" which may be "noble," or "honor" related.

Anyhow, hope you're having a good day today, Aloha.